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BENJAMIN HILL MINING CORP - BNNHF STOCK NEWS

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Benjamin Hill Mining Corp., now known as Forge Resources Corp., is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project. The company recently acquired additional interest in Aion Mining Corp., bringing its total ownership to 40%. The Alotta project, located in the Yukon Territory of Canada, is a prospective porphyry copper-gold-molybdenum project with significant drilling programs planned. With a focus on developing mineral properties, Forge Resources Corp. aims to advance its projects and drive shareholder value.

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Benjamin Hill Mining Corp. appoints Matt Warder as Strategic Industry Advisor, leveraging his two decades of experience in energy, metals, and mining analysis. Warder's expertise will enhance the company's corporate development strategy, particularly in the global coal industry.
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Benjamin Hill Mining Corp. has entered into a non-binding letter of intent with Aion Mining Corp. to acquire a further interest in Aion to bring the Company's total interest in Aion to 40%. The La Estrella Coal Project contains eight known seams of metallurgical and thermal coal from recent and historical diamond drilling programs and surface exposures. The aggregate purchase price for the Proposed Transaction will be $1,875,000, payable in cash and common shares of the Company. Completion of the transaction is subject to customary conditions and any other conditions agreed to by the parties in a definitive share purchase agreement. The Company also announces that it has hired a consultant in exchange for 500,000 incentive stock options.
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Benjamin Hill Mining Corp. announces the mobilization of Paul Bright to prepare an updated NI 43-101 report for the La Estrella coal project in Colombia. With over 50 years of geological experience, Mr. Bright's expertise will advance the project into the bulk sampling phase, providing significant value to the company.
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Benjamin Hill Mining Corp. appoints Russell Ball, former EVP and CFO at Newmont Mining and Goldcorp, as Senior Advisor. Ball brings over 30 years of international mining executive experience and will work to advance the company's portfolio, particularly the La Estrella project in Colombia.
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Benjamin Hill Mining Corp. has acquired a 20% interest in Aion Mining Corp, with promising coal exploration discoveries and infrastructure developments. The company has obtained permits for coal extraction and has a skilled multinational team in place. The project shows potential for rapid advancement and increased coal extraction in subsequent years.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) has engaged Clarkham Capital Ltd. to provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. The initial term is for 3 months, ending on April 3, 2024, with Benjamin Hill paying Clarkham €50,000 euros for their services. Sebastian Korbach, the director of Clarkham, holds no securities in the company and will not be compensated individually.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces the acquisition of a 20% interest in Aion Mining Corp., a strategic investment with a potential path to generating revenue in the global energy resource market.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces the discovery of unsanctioned promotional materials on third-party websites, which have not had any significant impact on the company's trading activity. The company denies any involvement in the creation, distribution, or payment of these materials.
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Benjamin Hill Mining Corp. (BNN) has completed two inaugural diamond drill holes at the Alotta copper-gold-molybdenum project in the west-central Yukon, discovering porphyry style mineralization. The drill program is set to continue in May 2024, focusing on four areas of high copper, gold, and molybdenum concentrations. Both holes exhibited multiple intrusive phases with significant mineralization, and the company plans to extend them in the spring if required.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) announces a non-binding letter of intent with Aion Mining Corp., outlining the acquisition of 20% of Aion and its interest in a fully permitted coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal, is fully permitted under Colombian Law, and has excellent infrastructure. The anticipated aggregate purchase price for the Proposed Transaction is $1,125,000, payable in cash and common shares of the Company. The LOI also grants the Company an anti-dilution right to maintain its 20% ownership of Aion.
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FAQ

What is the current stock price of BENJAMIN HILL MINING (BNNHF)?

The current stock price of BENJAMIN HILL MINING (BNNHF) is $0.4022 as of April 19, 2024.

What is the market cap of BENJAMIN HILL MINING (BNNHF)?

The market cap of BENJAMIN HILL MINING (BNNHF) is approximately 29.1M.

What is Benjamin Hill Mining Corp. focused on?

The company is focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located in the Yukon Territory of Canada.

What recent achievement has the company made?

Benjamin Hill Mining Corp. acquired additional interest in Aion Mining Corp., increasing its ownership to 40%.

Where is the Alotta project located?

The Alotta project is situated 50 km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.

What drilling programs are planned for the Alotta project?

The company plans to complete up to 5 drill holes for a total of 2,500 meters as part of the fall 2023 diamond drilling program.

What is the company's strategy for advancing its projects?

Forge Resources Corp. aims to advance its mineral properties through strategic exploration and development initiatives to create value for shareholders.

BENJAMIN HILL MINING CORP

OTC:BNNHF

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BNNHF Stock Data

29.12M
61.15M
12.66%
Gold
Basic Materials
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United States of America
Richmond